Skip to main content

icon Skip-a-Pay

Take a vacation from your loan payment!

Apply Now

 

Loan Skip-a-Pay

Members with eligibility may choose up to two payments per loan in a 12-month period*

Couple on computer

What Loans are Eligible?

    • Check mark icon
       New or Used Vehicle
    • Check mark icon
       New or Used Recreational Vehicle
    • Check mark icon
       Watercraft/Boat
    • Check mark icon
       Unsecured
    • Check mark icon
       Miscellaneous Secured
Skip-a-Pay Form
 
 
 
 

Steps & Details for Skip-a-Pay

Follow the process below if you would like to skip a payment and are eligible.

Skip a pay form on computer

 

Skip-a-Pay Process

  • Cost: $30
  • Available all year round, members with eligibility may choose to skip up to two payments per loan in a 12-month period*
    •  
    • Check mark icon
       Online Banking: Click "Skip a Payment" under the "MORE" menu.
    • Check mark icon
       Mobile App: Click ("☰") and select "Skip a Payment"
    • Check mark icon
       Submit the fee(s) using your Expedition Credit Union Account within the form, or charge a credit/debit card within the form.
    • Questions? Contact a loan officer using the Chat Feature on this site or by calling 651-264-0669 Option 1.
Skip-a-Pay Form
 
 
 

Your loan account must be open for at least 60 days and the loan balance less than $50,000. Only primary borrowers are eligible to initiate a skip payment.

If your ACH or electronic payment is due in 5 days or less or was sent within the last 3 days, you’ll need to wait until next month to skip a payment.

If you use online bill pay through your bank or the Expedition Credit Union Mobile App/Online Banking, please remember to manually adjust the next payment date, since those payments aren’t started by the credit union.

 

*By participating in the Skip-a-Pay program, the terms and conditions of your loan agreement will apply except that, upon approval, you can choose to skip certain regular monthly payments without penalty during the deferral period set forth above. Interest will continue to accumulate on your loan during the month you skip your payment, deferral of your regular or minimum monthly payments may result in having to pay higher total FINANCE CHARGES, and your loan repayment schedule may be extended. (Under some circumstances, your payment may not cover the finance charges (interest) that accrue and "negative amortization" could occur.) Thereafter, you must make your regular monthly or minimum payments. All loan payments must be current to qualify, and may be subject to credit union approval. This offer does not apply to second mortgage loans, home equity lines of credit, credit card accounts, special purpose loans or energy loans. Regular monthly payments will resume the month(s) following any skipped payment.